DEPOVER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEPOVER
Largest movements
- Tangible fixed assets -€19,668
down €19,668 (-21.4%), from €92,120 to €72,452
of which Furniture and vehicles: -€16,888
- Cash +€8,327
up €8,327 (+125.5%), from €6,632 to €14,959
mainly Net result for the year (+€30,105) and Depreciation (+€21,339)
- Receivables within one year -€2,476
down €2,476 (-79.3%), from €3,123 to €647
of which Trade receivables: -€1,444
- Reserves +€30,105
up €30,105 (+55.4%), from €54,355 to €84,460
- Debts after one year -€18,203
down €18,203 (-29.0%), from €62,876 to €44,673
- Current portion of long-term debt -€17,765
down €17,765 (-49.4%), from €35,969 to €18,203
- Trade debts -€8,209
down €8,209 (-99.8%), from €8,224 to €15
- Tax, wage and social debts +€4,653
up €4,653 (+45.9%), from €10,132 to €14,785
- Taxes +€14,843
up €14,843 (+95.9%), from €15,478 to €30,321
- Depreciation +€4,645
up €4,645 (+27.8%), from €16,694 to €21,339
- Gross operating margin -€4,272
down €4,272 (-4.7%), from €89,968 to €85,696
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,242 | €165,552 | -€13,690 | -7.6% |
| Fixed assets | 21/28 | €92,120 | €72,452 | -€19,668 | -21.4% |
| Tangible fixed assets | 22/27 | €92,120 | €72,452 | -€19,668 | -21.4% |
| Plant, machinery and equipment | 23 | €5,887 | €4,740 | -€1,147 | -19.5% |
| Furniture and vehicles | 24 | €71,705 | €54,817 | -€16,888 | -23.6% |
| Other tangible fixed assets | 26 | €14,528 | €12,895 | -€1,633 | -11.2% |
| Current assets | 29/58 | €87,123 | €93,100 | +€5,978 | +6.9% |
| Amounts receivable after more than one year | 29 | €74,500 | €74,500 | = | 0.0% |
| Other amounts receivable | 291 | €74,500 | €74,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,123 | €647 | -€2,476 | -79.3% |
| Trade receivables | 40 | €1,444 | - | -€1,444 | |
| Other amounts receivable | 41 | €1,679 | €647 | -€1,032 | -61.5% |
| Cash at bank and in hand | 54/58 | €6,632 | €14,959 | +€8,327 | +125.5% |
| Deferred charges and accrued income | 490/1 | €2,867 | €2,994 | +€127 | +4.4% |
| Total equity and liabilities | 10/49 | €179,242 | €165,552 | -€13,690 | -7.6% |
| Equity | 10/15 | €56,355 | €86,460 | +€30,105 | +53.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €54,355 | €84,460 | +€30,105 | +55.4% |
| Distributable reserves | 133 | €54,355 | €84,460 | +€30,105 | +55.4% |
| Amounts payable | 17/49 | €122,887 | €79,092 | -€43,795 | -35.6% |
| Amounts payable after more than one year | 17 | €62,876 | €44,673 | -€18,203 | -29.0% |
| Financial debts | 170/4 | €62,876 | €44,673 | -€18,203 | -29.0% |
| Amounts payable within one year | 42/48 | €60,011 | €34,420 | -€25,592 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €35,969 | €18,203 | -€17,765 | -49.4% |
| Trade debts | 44 | €8,224 | €15 | -€8,209 | -99.8% |
| Suppliers | 440/4 | €8,224 | €15 | -€8,209 | -99.8% |
| Taxes, remuneration and social security | 45 | €10,132 | €14,785 | +€4,653 | +45.9% |
| Taxes | 450/3 | €10,132 | €14,785 | +€4,653 | +45.9% |
| Other amounts payable | 47/48 | €5,687 | €1,417 | -€4,270 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,694 | €21,339 | +€4,645 | +27.8% |
| Other operating charges | 640/8 | €449 | €400 | -€50 | -11.0% |
| Non-recurring operating charges | 66A | €53 | €205 | +€152 | +287.0% |
| Gross operating margin | 9900 | €89,968 | €85,696 | -€4,272 | -4.7% |
| Operating profit (loss) | 9901 | €72,772 | €63,753 | -€9,019 | -12.4% |
| Financial income | 75/76B | €748 | €745 | -€3 | -0.4% |
| Recurring financial income | 75 | €748 | €745 | -€3 | -0.4% |
| Financial charges | 65/66B | €4,661 | €4,072 | -€589 | -12.6% |
| Recurring financial charges | 65 | €4,661 | €4,072 | -€589 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €68,859 | €60,426 | -€8,433 | -12.2% |
| Income taxes | 67/77 | €15,478 | €30,321 | +€14,843 | +95.9% |
| Profit (loss) for the period | 9904 | €53,381 | €30,105 | -€23,276 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,381 | €30,105 | -€23,276 | -43.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.